0 Centerway Dr Peoria, IL 61615
This exceptional 1.68-acre commercial land parcel presents a compelling investment opportunity in Peoria, Illinois. Located on North Centerway Drive, in Peoria County, zip code 61615, this property boasts a highly desirable location near the recently constructed Schnucks retail center. The strategic positioning offers significant advantages for businesses seeking high visibility and convenient access to a substantial customer base. The expansive lot size provides ample space for a variety of retail development projects, making it an ideal site for entrepreneurs and established businesses alike. With its prime location and considerable acreage, this property is poised for substantial growth and return on investment. The asking price for this exceptional commercial land is $1,244,074. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a significant commercial land parcel in a thriving retail corridor. Don't miss out on this chance to secure a prime location for your next venture. The property's coordinates are 40.8161098 latitude and -89.6144838 longitude. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.